Filing Flows › Repay Holdings (RPAY) › Q2 2026
Repay Holdings (RPAY) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Repay Holdings (RPAY) reported revenue of $101M for the second quarter 2026 (Q2 2026), +33% from a year earlier and +25% from the quarter before. Operating margin was -3.2%, net loss $11.5M (11.4% of revenue).
Repay Holdings, Q2 2026: revenue $101M (+33% year over year), operating margin -3.2%, net loss $11.5M, operating cash flow $40.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $101M | +25% | +33% |
| Operating profit | −$3.3M | — | — |
| Net earnings | −$11.5M | — | — |
| Operating cash flow | $40.2M | +139% | +22% |
| Free cash flow | $27.4M | — | — |
What changed
Revenue was $100.7M in Q2 2026, up 33% year over year and up 25% from the previous quarter.
Gross margin was 70.1%, down 5.5 points from Q2 2025. Operating costs exceeded revenue by $3.3M, an operating margin of -3.2%. Operating expenses fell 54% while revenue rose 33%. The fastest-growing cost line was SG&A (+41%). The quarter ended with a net loss of $11.5M, wider than the previous quarter's $10.0M loss. Minority interests bore $543K of it: to shareholders the quarter was a loss of $11.0M. Net interest and other expense of $10.9M was the main reason.
Operating cash flow was $40.2M (up 22% year over year). Non-cash charges added back $27.6M of depreciation and amortization and $4.7M of share-based compensation. Working capital and other items added $19.4M. After capitalized software development costs ($10.7M) and cash paid for property and equipment ($2.2M), free cash flow as the company reports it was $27.4M.
Questions
What was Repay Holdings' revenue in the second quarter 2026?
Repay Holdings (RPAY) reported revenue of $101M for the second quarter 2026 (Q2 2026), +33% from a year earlier and +25% from the quarter before.
Was Repay Holdings profitable in the second quarter 2026?
Operating loss was $3.3M (-3.2% of revenue) and net loss $11.5M.
Source: Repay Holdings 10-Q on SEC EDGAR.